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Feed-in tariff policy in Hong Kong: Is it efficient?

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dc.contributor.authorDato, Prudence
dc.contributor.authorDurmaz, Tunc
dc.contributor.authorPommeret, Aude
dc.date.accessioned2026-06-27T14:33:45Z
dc.date.issued2021
dc.description.abstractIn this paper, we investigate whether the current feed-in tariff (FIT) policy in Hong Kong SAR can ensure the development of solar photovoltaic (PV) systems. To do so, we rely on the calibration of a dynamic model of household optimization. We account for the optimal residential consumer behavior under stochastic solar radiation to derive a break-even FIT, which we compare to the one in Hong Kong. Results show that the current FIT policy does not provide sufficient incentives to guarantee the development of solar PV installations. We calculate the break-even FIT for various solar PV and battery installation costs, payback periods, equipment lifetime, as well as the discount rate. We conclude by making recommendations for an efficient FIT policy in Hong Kong.en
dc.description.urihttps://doi.org/10.1016/j.cacint.2021.100056
dc.identifier.doi10.1016/j.cacint.2021.100056
dc.identifier.issn2590-2520
dc.identifier.urihttps://hdl.handle.net/20.500.14981/62102
dc.identifier.volume10
dc.identifier.wos000658367700001
dc.language.isoeng
dc.publisherELSEVIER
dc.relation.ispartofCITY AND ENVIRONMENT INTERACTIONS
dc.rightsopenAccess
dc.subjectEnergy policy
dc.subjectSolar PV
dc.subjectIntermittency
dc.subjectProsumers
dc.subjectOptimization
dc.subjectEnvironmental Sciences & Ecology
dc.subjectMeteorology & Atmospheric Sciences
dc.titleFeed-in tariff policy in Hong Kong: Is it efficient?
dc.typeArticle
dspace.entity.typePublication
local.import.sourceWOS

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